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Jun 30, 2023
PNM Resources Q2 2023 Earnings Report
PNM Resources reported second quarter 2023 results, affirming 2023 ongoing earnings guidance.
Key Takeaways
PNM Resources reported GAAP earnings of $0.53 per diluted share and ongoing earnings of $0.55 per diluted share for the second quarter of 2023. The company affirmed its ongoing earnings guidance range of $2.65 - $2.75 for 2023.
Second quarter GAAP earnings were $0.53 per diluted share.
Second quarter ongoing earnings were $0.55 per diluted share.
Ongoing earnings guidance range of $2.65 - $2.75 for 2023 was affirmed.
New system peaks at both TNMP and PNM demonstrate the need to invest in infrastructure.
Forward Guidance
Affirmed ongoing earnings guidance range of $2.65 - $2.75 for 2023
Historical Earnings Impact
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Avg. Return Before/After Earnings
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